BlackRock Science and Technology Trust (BST) and BlackRock Science and Technology Term Trust (BSTZ) Announce Special Distributions
BlackRock Science and Technology Trust (NYSE: BST) and BlackRock Science and Technology Term Trust (NYSE: BSTZ) (each, a "Fund" and together, the "Funds") announced today the declaration of special distributions, payable on September 30, 2026 to shareholders of record as of September 15, 2026 (ex-date September 15, 2026).
The special distributions reflect substantial realized gains generated by the Funds' strong investment performance, including cumulative fiscal year-to-date returns of 32.7% for BST and 44.5% for BSTZ, and three-year annualized returns of 27.8% for BST and 30.4% for BSTZ1. These gains reflect the investment team's disciplined approach to identifying and capturing opportunities across public and private companies in the technology ecosystem. Through investments in both public and private technology companies, BST and BSTZ offer shareholders access to long-term innovation themes such as artificial intelligence. By declaring these special distributions mid-year, the Funds are returning a portion of realized gains to shareholders while helping manage year-end tax distribution requirements.
